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Nov 13, 2012
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the biggest challenge is avoiding the double hit to the economy of tax increases and automatic spending cuts. besides avoiding the fiscal cliff, they have a half dozen hearings on the resignation of david patraeus. and the attack on the u.s. consulate in libya. >> happening now, the murder trial of a buoy state university student. opening statements set to begin in a half hour. alexis simpson is accused of killing her roommate. killed her last year after the two argued over music played on an i pod. if convicted, she faces life in prison without parole. >>> another case we're following former dc council chairman kwame brown will be sentenced in court later today. bank fraud and campaign finance charges. separate sentences for both. melanie is live this morning with details. good morning. >> reporter: good morning. all of this is going to play out in two separate court houses because he's facing charges in two different jurisdictions. one, the bank fraud charges is a federal case and the other is a campaign finance charge. suggesting in the bank fraud case a 6 day jail term. but could be
the biggest challenge is avoiding the double hit to the economy of tax increases and automatic spending cuts. besides avoiding the fiscal cliff, they have a half dozen hearings on the resignation of david patraeus. and the attack on the u.s. consulate in libya. >> happening now, the murder trial of a buoy state university student. opening statements set to begin in a half hour. alexis simpson is accused of killing her roommate. killed her last year after the two argued over music played...
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Nov 14, 2012
11/12
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the economy will surely go back into recession. >> we'll also find out if nancy pelosi is going to stay on as minority leader. came leader ten years ago today. last week democrats failed to win enough seats to take back the house. she says she'll make the announcement about hers morning. >> and happening now on capitol hill, massachusetts congressman is holding a news conference on the meningitis out break. calling for tougher regulations for compounding pharmacies. a house subcommittee will hold a hearing on whether the out break could be prevented. 32 have died after receiving tainted steroid shots. >> also happening now, the call for another tobacco tax increase. holding a news conference. wants a $1 increase on the tax. law maker as prove doubling the tax to $2 in a 2007 special session. law makers also approve tax increases on tobacco products earlier this year. >>> also changes coming to maryland live casino. casino officials will today outline plans on how the layout will be changed to make rooms for open table games. more than 125 tables could be added. >> former dc council man
the economy will surely go back into recession. >> we'll also find out if nancy pelosi is going to stay on as minority leader. came leader ten years ago today. last week democrats failed to win enough seats to take back the house. she says she'll make the announcement about hers morning. >> and happening now on capitol hill, massachusetts congressman is holding a news conference on the meningitis out break. calling for tougher regulations for compounding pharmacies. a house...
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Nov 14, 2012
11/12
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the most important thing right now is continue to stimulate the economy to create more jobs so people are paying taxes so we don't have these deficits and if it means targeted tax breaks then we should be considering some of those for small businesses. >> do you think we'll see the compromise we haven't seen? >> i hope so. but it's not a short-term compromise. kicking the can down the road by 6 months or a year is almost as bad as doing nothing. we need to see a grand bargain. and the difference between tax increases. and needs to be able to loosen up the strings a little on that. but barack obama needs to know taxes are not going to go up on middle class. where are we going to decrease spending. >> one thing i think is interesting is folks are looking at one of the ideas that came out of the romney camp. let's look at some of the deductions for high income earners. there is ways to deal with that. i think the president is adamant there won't be tax increases for people making 250,000. the middle class can't take tax hits. >> might we see a meeting between governor romney and presiden
the most important thing right now is continue to stimulate the economy to create more jobs so people are paying taxes so we don't have these deficits and if it means targeted tax breaks then we should be considering some of those for small businesses. >> do you think we'll see the compromise we haven't seen? >> i hope so. but it's not a short-term compromise. kicking the can down the road by 6 months or a year is almost as bad as doing nothing. we need to see a grand bargain. and...
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Nov 13, 2012
11/12
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take a live look outside at capitol hill, none is more pressing than stopping the double whammy to the economy. tax increases and huge federal spending cuts kick in after the new year. and they'll impact all americans. but lawmakers don't have a lot of time. the lame duck session of congress has until december 31st to avoid that fiscal cliff. >>> new this morning, sentencing day for former d.c. council chair kwame brown. he pled guilty for bank fraud charges back in june. fox 5's melanie alnwick is live at the u.s. district court this morning with a look at what brown is facing. >> reporter: good morning. brown is facing perhaps a jail term but we'll see. his original plea agreement where he admitted guilty to all of those charms called identify six-month jail sentence but right now, prosecutors seem to be softening somewhat recommending to the judge just six days in jail for kwame brown and three years of supervised probation. it was really just a high profile fall from grace. brown held the district's second highest local elected office before pleading guilty in june to providing false infor
take a live look outside at capitol hill, none is more pressing than stopping the double whammy to the economy. tax increases and huge federal spending cuts kick in after the new year. and they'll impact all americans. but lawmakers don't have a lot of time. the lame duck session of congress has until december 31st to avoid that fiscal cliff. >>> new this morning, sentencing day for former d.c. council chair kwame brown. he pled guilty for bank fraud charges back in june. fox 5's...